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In the United States, the number of houses, the construction of which was started in December, was 1 million 78 thousand, which is 11.2% less than in November, the country's Department of Commerce reported. The December figure was the lowest since September 2016. According to experts, its value was expected at the level of 1 million 250 thousand homes. At the same time, the increase in the number of permits issued for construction turned out to be a surprise for economists. This figure rose by 0.3%, with a 2.8% decline expected by economists. The number of single-family homes, the construction of which was started in the last month of last year, was 6.7% less than in November. The volume of started construction of apartment buildings has decreased by 20.4%.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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